It is clear both locations are doing things that will enhance global trade and supply chain facilitation for decades to come. In February, the Egyptians announced an increased discount for LNG carriers, lowering rates for the first time since 1994. Assuming a speed of 19.5 knots, the reduced distance can result in savings of around 22 days on a round trip voyage from Panama. Gulf to Japan will be around 9,214 nautical miles, compared with 14,570 nautical miles via the Suez Canal.
Once the expanded canal in Panama is operational, it will become the shortest route for moving gas commodities from the Gulf of Mexico to North Asia. gearing up to export liquefied natural gas (LNG), both locations will be battling for that traffic from America.Ĭurrently only 23 ships in the global fleet of 421 LNG carriers can pass through the Panama Canal. is now the largest carbon producer in the world. While no one predicted it a few years ago, the U.S. Going forward, the energy revolution might play an even more significant role in determining how the two canals interact with one another. Moreover, Panama recently announced a new customer-loyalty program for the container segment that will see shippers receive "premium prices" once a particular volume is reached. The expansion at Suez is an $8 billion investment, which is being directed by the Egyptian army and financed by Egypt’s citizens who have enthusiastically purchased Canal Investment Certificates.Īs the expansion at Panama gets closer to being finished, Suez is feeling the heat to retain its superiority in handling the biggest ships in the world. It is the biggest project at Suez since the completion of the canal 150 years ago. In addition to widening the canal, construction is underway for an industrial and logistics hub. Just this past March, Panama announced it was also considering construction of yet another set of locks to handle even larger vessels, those that can handle in excess of 20,000 twenty-foot equivalents (TEUs).Įgypt has launched equally bold plans at Suez.
Scheduled for April 2016, a new set of locks will allow some of the biggest ships in the world better access to U.S. In Central America, the long-awaited $5.25 billion expansion of the Panama Canal - the 50-mile waterway that connects the Atlantic and Pacific oceans -is nearing completion. Presently, Panama and Suez are challenging one another for supremacy of the container shipping market for imports into the U.S. In discussions with senior officials in both countries, I’ve come to the conclusion that there is a healthy competition stirring between the two. Exclusive economic zone Exclusive economic zones in Red Sea: 4 Note: Hala'ib Triangle disputed between Sudan and Egypt and calculated for both. every 29 days) Moon and Sun are on the same side of the Earth with combined gravitational pull causing another increase in the maximum peak flow (10).Over the past eight weeks, I’ve had the opportunity to visit Panama and Egypt to get a first-hand sense of the dramatic expansions occurring around each of their canals. A line joining Husn Murad ( 1240N 4330E) and Ras Siyyan ( 1229N 4320E ). Maximum peak flows can be observed during spring tides when all three are aligned. The Moon- Earth- Sun- ConstellationNeap tides occur every 14 days and 18 hours when the Moon's orbit is at 90° to that of the sun, thus cancelling out some of the resulting tidal stream power (9). Due to the differences in mass and distance of Sun and Moon, the power of lunar tides outweighs the solar tides by around 7:3 with the dominant pattern following the 6h 12' 24" cycle. Moon - Earth: Lunar TidesSimilar to solar tides, though following the lunar cycle of 24h 50' 24" (6,7,8). Today's tide times for Suez: Wednesday 05 July 2023 Tide Datum: Mean Lower Low Water High 5.64ft 12:41PM Low 0. Sunrise is at 4:53am and sunset is at 6:54pm. The seasonal tilt of the Earth (4) is responsible for maximum peaks around the equinoxes and minimal during solistices.įinally, because of the elliptic shape of the Earth's orbit around the Sun, peaks observed during June solistice (when Earth is furthest away from the Sun) are less than during December solistice (5). The predicted tide times today on Wednesday 05 July 2023 for Suez are: first high tide at 00:16am, first low tide at 6:40am, second high tide at 12:41pm, second low tide at 6:55pm. Plus, the two daily tidal bulges differ, accounting for a 24h pattern (3). As the peak speeds when flowing in are higher than when flowing out, we can observe a 12-hour pattern (2). Maximum currents, and therefore maximum power, are reached at mid tide, every 6 hours (1). Sun - Earth: Solar TidesWithin 24h, gravitational forces between the sun and Earth cause two high tides and two low tides. Where tidal streams occur, they are highly predictable, driven by patterns caused by the movements of the earth and moon.
0 kommentar(er)
